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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

Whitecap Resources Inc. is an oil-weighted growth company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its core areas include the West Division and East Division. Its West Division is comprised of three regions: Smoky, Kaybob and Peace River Arch (PRA). The properties in its Smoky region include Kakwa and Resthaven, all located in Northwest Alberta. The primary reservoir being developed is the Montney resource play, mainly comprised of condensate-rich natural gas. Kaybob is located in the Fox Creek region of Northwest Alberta. The primary reservoir being developed is the Duvernay resource play, mainly comprised of condensate-rich natural gas. The PRA is its original asset area. Its East Division is comprised of four regions: Central AB, West Sask, East Sask and Weyburn. Its Central Alberta region represents the bulk of its Cardium and liquids-rich Mannville assets.


TSX:WCP - Post by User

Comment by tollycrafton Jun 06, 2022 9:49am
114 Views
Post# 34733718

RE:RE:Oil hanging on

RE:RE:Oil hanging on
1970Craig wrote:

 

tollycraft wrote: Still sitting at $120 + a barrel.  Be an intersesting day if it hangs on until open tomorrow.  I do admit though, I know that doesn't  necessarily mean stocks up but I'd rather see oil tilt this way than the other.
So there, what did I say, I have no idea what that means but had the urge to say it anyways.  Have a good weekend all.  LOL!

GLTA
Your getting close!!!

GLTA

Tolley we both know how May times you think one thing and it just doesn't make sense. !!  However , I think 3 things. 

 

1) it just feels like we are about to break out to 12 plus. 

2) we have had a decent run , so we could pull back with oil up a little bit , profit taking ?  So saying that profit taking on a Monday ?  That doest sound right.   


3) just same old story , with out the general investor coming over , we tend to stagnate for no reason , and yo - yo somewhat. Creating some decent entry points for the patient .  

    So I also have made no predictions , If I was to guess 
I say we eiither break through 12 or get darn close , and then we see some mild profit taking.  I feel we hit a new high tomorrow. 

    Honestly , all the other stocks in this sector in my opinion.  They don't have the immediate upside potential that Whitecap has , simply because the other names or most have had there run , we are actually due , and until we get to 14 to 15.   I won't say we caught up.  

   C 
 



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